Cheapest for: Minimum liability | Full coverage | Prior incidents | Young drivers
Best & Cheapest Car Insurance Quotes in Arkansas (2023)
State Farm has the best cheap car insurance quote in Arkansas, at $25 per month for minimum liability coverage.
Best cheap car insurance in Arkansas
To find the best cheap car insurance for Arkansas drivers, our editorial team compared quotes from top insurance companies across each ZIP code in the state. Quotes for minimum coverage meet Arkansas' state minimum requirements of $25,000 in bodily injury liability coverage per person and $50,000 per accident, plus $25,000 in property damage protection. Full-coverage quotes include higher liability limits than the state minimums, in addition to comprehensive and collision coverage.
We also ranked the best Arkansas insurance companies based on customer service reviews, coverage availability, affordability for different drivers and convenience.
Cheapest company for full coverage: State Farm
For a full-coverage car insurance policy, Arkansas drivers can expect to get the cheapest car insurance rates with State Farm. This company provides the cheapest quotes, with rates that average $74 per month.
State Farm's rate is 46% lower than the average cost of full-coverage auto insurance in the state.
Find Cheap Auto Insurance Quotes in Arkansas
Cheapest full coverage insurance in Arkansas
Company | Monthly rate |
|---|---|
| State Farm | $74 |
| Geico | $98 |
| Farm Bureau | $103 |
| Nationwide | $151 |
| Shelter | $152 |
USAA is only available to current and former military members and their families.
Full-coverage policies include comprehensive and collision insurance coverages — which pay out to repair or replace your own vehicle if it is stolen or damaged in a crash. Consider these policies if your car is worth more than a few thousand dollars.
Cheapest Arkansas car insurance quotes: State Farm
The cheapest auto insurance companies in Arkansas are State Farm, Geico and Farm Bureau. The annual quotes from these companies average 31% less than the Arkansas average.
The average cost of car insurance in Arkansas is $45 per month for a minimum-coverage policy.
USAA typically provides drivers with cheap car insurance — although only veterans, members of the military and their families are eligible to buy from USAA.
Cheapest Arkansas car insurance companies
Company | Monthly rate | |
|---|---|---|
| State Farm | $25 |
| Geico | $26 |
| Farm Bureau | $33 |
| Progressive | $40 |
| Nationwide | $53 |
USAA is only available to current and former military members and their families.
Minimum-coverage insurance is the cheapest option an Arkansas driver can get. However, a minimum-coverage policy only pays for damage you cause to other drivers and their vehicles. Your own car won't be protected if you get into an accident, which may result in hefty repair costs you have to pay.
Arkansas drivers should consider higher liability limits or a full-coverage policy — especially if their vehicle is worth more than $3,000 or is less than 10 years old.
Cheapest car insurance for young drivers in Arkansas: State Farm
Teens can find the most affordable car insurance from State Farm, which charges $84 per month for minimum coverage.
If you or one of your family members is a veteran or current military member, you should contact USAA, which has rates even cheaper than State Farm's.
Company | Liability only | Full coverage |
|---|---|---|
| State Farm | $84 | $215 |
| Farm Bureau | $87 | $202 |
| Geico | $88 | $274 |
| Shelter | $158 | $366 |
| Travelers | $197 | $454 |
Age is one of several factors insurers take into account when determining your rates. In Arkansas, 18-year-olds pay more than twice as much as drivers in their 30s. However, once you get older and get more driving experience, the cost of car insurance typically decreases.
Cheap auto insurance rates for drivers with a speeding ticket: State Farm
Arkansas' best insurance company for drivers with a speeding ticket is State Farm. The cost difference between State Farm and the most expensive company is $168 per month for full coverage.
This gap emphasizes why it's so important to shop and compare multiple companies. Two other cheap insurers worth checking out are Geico and Farm Bureau.
Cheapest car insurance in Arkansas with a speeding ticket
Company | Monthly rate |
|---|---|
| State Farm | $79 |
| Geico | $98 |
| Farm Bureau | $111 |
| Shelter | $177 |
| Nationwide | $197 |
Insurance companies have found that drivers with traffic tickets are more likely to be involved in accidents than other drivers, so insurers charge higher rates as a result.
Cheapest quotes for drivers after an accident: State Farm
The best company for cheap car insurance after an at-fault accident in Arkansas is State Farm, where insurance costs just $85 per month for full coverage.
Rates from State Farm are 61% cheaper than the average cost of insurance for drivers with an accident — which is $2,670 per year. Choosing State Farm over the average insurance company in the state could represent a savings of $138 per month.
Cheapest car insurance in Arkansas with an accident
Company | Monthly rate |
|---|---|
| State Farm | $85 |
| Farm Bureau | $133 |
| Geico | $201 |
| Farmers | $232 |
| Nationwide | $253 |
Insurance companies may raise rates after you've been in an accident because you are statistically more likely to be in future accidents. The increase in rates could be more than double for Arkansas drivers — depending on the company you choose.
Cheapest car insurance for teens after a ticket or accident
Geico has great rates for young drivers after a ticket — you might not see any increase in rates after one speeding incident. The rate for an 18-year-old remained the same at $88 per month for minimum coverage.
Young drivers who have been in an at-fault accident should contact State Farm and Farm Bureau. For minimum coverage, State Farm is 53% cheaper than the state average.
Having a speeding ticket on your record or having an accident history result in similar effects on your insurance rates. Both usually increase your car insurance costs by up to 34% because these drivers are more likely to be involved in another incident.
Cheapest quotes for teens after a speeding ticket or accident
Geico | $88 | $135 |
|---|---|---|
| State Farm | $92 | $101 |
| Farm Bureau | $97 | $117 |
| Shelter | $182 | $291 |
| Progressive | $237 | $286 |
| Nationwide | $239 | $244 |
Cheapest car insurance quotes after a DUI: Farm Bureau
Farm Bureau offers the best low-cost full-coverage policy for Arkansas drivers with a DUI. Those insured under this company pay less than half the price of the average Arkansas driver.
A DUI or DWI is one of the most serious driving convictions and raises rates an average of 81% in Arkansas.
Company | Monthly rate |
|---|---|
| Farm Bureau | $123 |
| Progressive | $195 |
| Farmers | $224 |
| Allstate | $258 |
| State Farm | $271 |
Serious driving convictions like DUIs can stay on your record longer than something minor, like driving a few miles per hour over the speed limit. Comparing rates can help mitigate the impact of having a DUI, but driving responsibly for a while is the only way to get your rates back to where they were before.
Cheap car insurance for Arkansas drivers with poor credit: Geico
Geico offers the cheapest full-coverage quotes for drivers with poor credit. Despite being slightly more expensive, Farm Bureau is an alternative still worth looking into.
Insurers use credit scores to determine quotes because drivers with low credit scores are statistically more likely to file insurance claims.
Cheapest car insurance in Arkansas with poor credit
Company | Monthly rate |
|---|---|
| Geico | $156 |
| Farm Bureau | $186 |
| State Farm | $233 |
| Nationwide | $235 |
| Farmers | $256 |
Cheapest car insurance rates for married drivers: State Farm
If you've tied the knot, get quotes from State Farm, Farm Bureau and Geico.
Arkansas' married drivers pay an average of 10% less per year than single drivers for full coverage. Insurance companies often give married drivers a small discount because they're less likely to be involved in a crash.
Cheapest car insurance for married drivers in Arkansas
Company | Monthly rate per car |
|---|---|
| State Farm | $74 |
| Farm Bureau | $91 |
| Geico | $99 |
| Shelter | $118 |
| Progressive | $126 |
Best car insurance companies in Arkansas
Farm Bureau is the top-rated auto insurance company in Arkansas, offering a combination of quality claims processing and customer service.
The best insurance companies combine good customer service, quotes, coverage offered and overall shopping experience. Shelter and State Farm also get excellent reviews from current customers and rank as the second and third best companies in the state.
Best car insurance in Arkansas
Company |
Editor's rating
|
J.D. Power
|
AM Best
|
|---|---|---|---|
| Farm Bureau | NR | A | |
| Shelter | 866 | A | |
| State Farm | 842 | A++ | |
| USAA | 881 | A++ | |
| Geico | 835 | A++ |
Cost of car insurance in Arkansas by city
The average cost of full-coverage car insurance by city in Arkansas ranges from $123 per month in Paris to $159 per month in West Helena.
Insurance costs vary depending on your city. Each area of Arkansas has a different population density, crime rate and accident frequency, which all factor into your annual rate estimates.
Average cost of full coverage insurance by city
City | Monthly cost | % from average |
|---|---|---|
| Adona | $132 | -4% |
| Alexander | $144 | 4% |
| Alicia | $134 | -3% |
| Alix | $126 | -9% |
| Alleene | $142 | 3% |
Minimum car insurance requirements in Arkansas
As an Arkansas driver, you are required to have at least $25,000 per person/$50,000 per accident of bodily injury liability insurance, plus $25,000 of property damage liability insurance. Liability coverage pays out for damage to other drivers if you cause an accident. If you are caught driving without insurance, your license might be suspended and you might have to pay fines.
Coverage | Minimum required limit |
|---|---|
| $25,000 per person/$50,000 per accident | |
| $25,000 per accident |
While a policy with the minimum amount of liability coverage is the cheapest kind of insurance, it may not be enough to pay for all the damage in a serious accident, and it doesn't cover damage to your car. Drivers with expensive or newer vehicles should get higher liability limits or extra coverage that covers damage to their car, like collision and comprehensive coverage.
Frequently asked questions
Who has the cheapest car insurance in Arkansas?
State Farm has the cheapest car insurance rates we found in Arkansas. The company offers minimum liability coverage for $25 per month and full coverage for $74.
How much is car insurance in Arkansas?
Car insurance costs an average of $45 per month for minimum coverage in Arkansas. Full coverage is $1,653 per year on average, or $138 per month.
Can I just buy liability car insurance in Arkansas?
Yes, Arkansas only requires drivers to have $25,000 of bodily injury liability coverage per person and $50,000 per accident, as well as $25,000 in property damage liability coverage.
Methodology
We collected thousands of rates from ZIP codes across Arkansas for the largest 10 insurers. Our sample driver is a 30-year-old man with average credit who drives a 2015 Honda Civic EX.
The base policy for the study was a full-coverage policy with the following limits:
Coverage | Limit |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage liability | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
For our minimum-coverage policy, we used the minimum required limits in Arkansas.
For other rates analyses (credit score, accident history and marital status), the base policy listed above was altered to reflect the new driver. Quotes for young drivers are based on a minimum-coverage policy unless otherwise noted.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.